Solana: Why THIS analytics firm expects SOL to hit $200 in May
Greg Magadini from Amberdata, a crypto options analytics firm, predicted that Solana's (SOL) value could exceed $200 by the end of May. In his weekly market report, he suggested that despite a relatively small options market for SOL compared to its spot market, the underlying spot market would be the primary determinant of its price. Magadini emphasized that the asset's implied volatility had significantly decreased, making it a favourable time to buy call options for SOL with a target of $200 for the end of May.